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July 2021

I wanted to bring you the latest home project trend- the Backyard/Patio Refresh.
July 4, 2021
 
 

Half of 2021 is In The Books

If you’re not sure what happened to your June, or your May, for that matter, I’m in the same boat! Where did this year go? I wanted to bring you the latest home project trend- the Backyard/Patio Refresh. Have you updated yours this summer? If so, please send me the photo!! I would love to see it!
 

Backyard/Patio Refresh!

 
When designing your backyard paradise, consider:
 
  • Staining the concrete- adding some color
  • Brick pavers or stamped concrete
  • Hanging Edison lights- many are now available in solar versions
  • Adding an outdoor rug
  • Adding an umbrella or sails to offer shade
  • If you have a pergola- add curtains to keep sun/bugs out.
  • Adding a fire pit- either wood logs or gas
  • Separating the spaces to a dining area and lounge area if you have the space
  • Storage- storing your outdoor games, cushions when not in use or to keep from rain
These are my favorite places to shop for updated Patio items, think “furnish for less!”
 
  • Amazon (and shipped to your home, can’t beat that!)
  • Homegoods
  • Walmart/Target/Meijer- have great finds, many times on sale with their apps.
  • Costco
Need inspiration? Check these transformations out!
 

The HOT, HOT, HOT Real Estate Market

Now that we have wrapped up the 2nd quarter, here’s what we do know from our Chief National Association of Realtors (NAR) Economist, Lawrence Yun.
 

2021:

  • Trending toward the highest number of sales since 2006 at 6.1 million.
  • The largest ever price appreciation (15% according to the Case-Schiller price index).
  • Price appreciation translates to a $45,000 wealth gain for a typical owner.
  • A calming of the real estate market- late autumn into 2022.
  • Inventory expected to increase by year's end.
  • An inventory increase will be helpful for those buyers who are currently losing out in multiple offer situations.
If you are curious what your home is worth, follow the link below for an automated valuation. I will be in contact with you shortly to go over these comps in more detail.
 
 

Latest RE News: Eviction Moratorium Ends July 31st

The Supreme Court ruled that the CDC does not have the right to implement an eviction ban.
 
“This is a massive victory for property rights,” says NAR President Charlie Oppler. “For more than a year, mom-and-pop property owners have been pushed toward financial ruin as they upkeep their properties and pay their taxes and mortgages with no income of their own. With the pandemic waning and the economy improving, it is time to restore the housing sector to its healthy, former function. Property owners also deserved this absolute clarity from our federal court system regarding property rights in America to avoid similar financial harm in the future.”

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